2-bed · 1,609 sqftBluewaters Residences 6, Bluewaters Island · 4th floor · completed 2019

402, Bluewaters Residences 6

Sold prices and rental history: sold 3 times, last in May 2023, and rented once, from May 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 25 May 2023
Last soldAED 8.8M25 May 2023
Current rentAED 210K /yr17 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Bluewaters Residences 6

What is 402 worth today?

Last sold for AED 8,800,000 in 2023

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25 May 2023SoldReady
AED 8,800,000AED 5,470 per sqft
12 Apr 2023SoldReady
AED 7,400,000AED 4,600 per sqft
17 May 2021RentedNew contract
AED 210,000/yr12 months · AED 131 per sqft
14 Dec 2017Sold by developerOff-plan
AED 3,656,000AED 2,272 per sqft

Source: Dubai Land Department. Updated 25 May 2023.

Key facts

Type
2-bed apartment
Size
1,609 sqft
Floor
4th of 13
Parking
B672
Developer
Blue Waters Residential
Completed
2019
Service charge
AED 46,600 /yr
Last sold
AED 8.8M · May 2023

About 402, Bluewaters Residences 6

402 is a two-bedroom apartment of 1,609 sqft on the 4th floor of Bluewaters Residences 6, a 13-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 25 May 2023 for AED 8,800,000, or AED 5,470 per sqft, 19% above the AED 4,600 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 17 May 2021. The current contract, signed on 17 May 2021, is AED 210,000 a year: a gross yield of 2.4% on the 2023 price, before the service charge of about AED 46,600 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Bluewaters Residences 6
5M10M2017202020232026Typical sale price by year: 2017 AED 3,749,000; 2018 AED 3,614,000; 2019 AED 3,543,000; 2022 AED 5,000,000; 2023 AED 7,600,000; 2024 AED 8,875,000; 2025 AED 9,075,000; 2026 AED 9,365,000Sold by developer, December 2017: AED 3,656,000 (AED 2,272 per sqft)Sold, April 2023: AED 7,400,000 (AED 4,600 per sqft)Sold, May 2023: AED 8,800,000 (AED 5,470 per sqft)

402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Bluewaters Residences 6
200K400K20192021202320252027Typical rent by year: 2019 AED 185,000; 2020 AED 175,000; 2021 AED 187,000; 2022 AED 275,000; 2023 AED 450,000; 2024 AED 436,000; 2025 AED 421,000; 2026 AED 450,000New contract, May 2021: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bluewaters Residences 6, and where 402 sits

All 23 2-beds →

402 last sold in May 2023 at AED 5,470 per sqft, 19% above what two-beds in Bluewaters Residences 6 were fetching at the time (AED 4,600). Over the last 12 months two-beds sold for AED 988,718 to 11,100,000, around AED 5,644 per sqft, and rent for AED 400,000 to 480,000 a year. 402's AED 210,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20269,230,000
25 Feb 20267,800,000
16 Feb 20269,500,000
5 Feb 202611,100,000
6 2-bed sales in the last 12 months

Bluewaters Residences 6

Building

67 apartments, 1-bed to 5-bed over 13 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 10 sold in the last 12 months.

Typical price per sqft
AED 5,295
Typical sale
AED 8.87M
Typical rent
AED 422K /yr
Typical yield
4.9%
Bluewaters Residences 6, Bluewaters Island: prices, sales and rents →

Other units on the 4th floor

All 67 units in Bluewaters Residences 6
Value
4013-bedAED 4.69M · Aug 2018
4033-bedAED 4.68M · Apr 2019
4043-bedAED 4.13M · Nov 2019
4051-bedAED 6.5M · Apr 2024
4062-bedAED 9.23M · Oct 2026

402, Bluewaters Residences 6 in numbers

  • Sold 3 times: first on 14 December 2017 for AED 3,656,000, last on 25 May 2023 for AED 8,800,000 (AED 5,470 per sqft).
  • Rented since May 2021 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2023 price is 2.4%, before a service charge of about AED 46,600 a year (AED 28.99 per sqft).
  • Two-beds in Bluewaters Residences 6 sold for AED 988,718–11,100,000 in the 12 months to November 2026; the building's median across all types is AED 5,295 per sqft.

Source: Dubai Land Department. Updated 25 May 2023.

Questions about 402, Bluewaters Residences 6

What did unit 402 last sell for?

AED 8,800,000 on 25 May 2023: AED 5,470 per sqft for 1,609 sqft. The unit has 3 registered sales; the first was AED 3,656,000 in December 2017.

What is the rent for unit 402?

AED 210,000 a year on the contract signed on 17 May 2021.

How big is unit 402?

1,609 sqft (149.5 sqm): a two-bedroom apartment on the 4th floor of a 13-storey tower completed in 2019.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bluewaters Residences 6 sold for AED 988,718 to 11,100,000 in the last 12 months, around AED 5,644 per sqft.

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Mortgage on 402, Bluewaters Residences 6

Starts from the last sale price (AED 8.8M, 25 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 8,800,000
Deposit, UAE resident (20%)
AED 1,760,000
Deposit, non-resident (40%)
AED 3,520,000
Monthly over 25 years at 3.7%
AED 36,004

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →